Publication year

Sub-Saharan Africa is facing headwinds from lower commodity prices, China’s slower growth, and normalization of monetary policy in the US. This has made the region’s economic outlook challenging, though not imminently gloomy.

To reverse the growing food and agriculture trade deficit and deliver on its potential, Sub-Saharan Africa must develop food and agriculture value chains. The enabling environment for doing this differs widely and is strongly linked to countries’ broader institutional development.

Sub-Saharan Africa is facing headwinds from lower commodity prices, a slower growing China and possibly rising US interest rates. This has made the economic outlook gloomier but we still expect the region to grow about 4% in the near future.